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Hi All,
I'm new to the community and been looking into starting BRRRR investing. One thing I've heard multiple times from friends (one who is a contractor himself) is that material costs for rehab have increased dra...
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Did you know that Limited partners or real estate investors can absolutely benefit from depreciation?
RE Pro Status supercharges this.
If you or your spouse are an RE Pro, your LP investments can lead to depreciatio...
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Here is what the contractor is proposing.This includes plumbing, no electrical or HVAC work. They will be framing and installing a new bathroom in the basement and utility room in the basement. Installing a new kit...
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Hello,
My GC is asking for a 35% deposit on a 200k job. What are your thoughts? I see things from both sides as an investor. I know some investors expect contractors to front loads of money for jobs but I don't. A de...
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I spent $20,000 on replacing decking front and back. It was Trex , which is supposed to be lifetime warranty, that is another issue. Also, we replaced siding on the East and West side of the house, which was another $...
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I bought a piece of property that only had a metal building on it for 30k. I rented out the building to a gentleman who wanted to use it as storage for his classic cars that currently brings $500 a month in rent. Afte...
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There is always something to learn as I add to my checklist. One of the things that I need to do a better job is to button up future leases on the HVAC system. Some of the leases I have inherited are vague on the re...
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I sent some schematics to one of our contractors this evening requesting some proposals for a deck for our primary residence. The deck will be just under 800 square feet. Here are some brief notes:
//Begin Notes
Th...
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I have an opportunity to invest in a home build for sale. The other partners are 2 home builders (that run a small business) that have a piece of land. They are looking for an investor to cover materials and they will...
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First, yes I will consult with a CPA. Wanted to hear the forum's perspective. Here is the scenario. My wife is a full time operations manager for a large real estate team in Nashville. She is not an agent but, spend...